Instead, it’s an expression of the priorities the president promises to fight for, often coming on the heels of an agenda laid out in the State of the Union address.
By taxing extreme wealth and investing those revenues in social goods like education, housing, food and health care.
President Biden’s recently released federal budget plan follows that blueprint, putting the value of investing in American families and communities ahead of slashing taxes for the rich.
That’s a $388 billion boost compared to last year’s budget — and it all comes from fairer tax policies targeting wealthy individuals and large corporations.
The Biden budget proposal keeps funding apace with increased need and protects access to fresh fruits and vegetables in the program.
Similarly, the Biden budget would restore the expanded American Rescue Plan Earned IncomeTax Credit for low-income working adults without dependent children.
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